Consultatio Cash Flow Statement

Financials in millions ARS. Fiscal year is January - December.

Millions ARS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-1,215	-101,200	215,539	5,338	-9,397
Depreciation & Amortization	640	679	734	604	833.04
Loss (Gain) From Sale of Assets	-	-	111	-179	-342.29
Asset Writedown & Restructuring Costs	-12,998	166,919	-104,797	9,059	-7,333
Loss (Gain) From Sale of Investments	-11,130	32,506	-101,883	-	74.73
Loss (Gain) on Equity Investments	-10,079	-43,828	-58,511	-6,690	2,672
Other Operating Activities	-199,488	-193,141	-765	-48,207	19,283
Change in Accounts Receivable	4,978	5,365	-9,022	249	265.47
Change in Inventory	79,366	21,516	-16,433	26,013	2,667
Change in Accounts Payable	878	25,153	18,395	-2,225	-376.18
Change in Unearned Revenue	103,273	101,507	96,376	48,707	18,061
Change in Other Net Operating Assets	-39,314	11,188	1,398	4,133	-2,030
Operating Cash Flow	-85,089	26,664	41,142	36,802	24,379
Operating Cash Flow Growth	-	-35.19%	11.79%	50.96%	358.44%
Capital Expenditures	-692	-605	-1,990	-1,440	-912.82
Sale of Property, Plant & Equipment	35	-	20	188	696.99
Cash Acquisitions	-1,031	-3,261	-348	-	-
Sale (Purchase) of Real Estate	-6,208	-22,432	-9,643	-2,755	-1,320
Investment in Securities	141,254	92,551	-19,120	8,467	-8,147
Other Investing Activities	18,512	-	3,656	2,658	-
Investing Cash Flow	151,870	66,253	-27,425	7,118	-9,683
Short-Term Debt Issued	15,389	16,174	35,199	11,048	4,730
Total Debt Issued	15,389	16,174	35,199	11,048	4,730
Short-Term Debt Repaid	-	-	-	-	-483.38
Total Debt Repaid	-	-	-	-	-483.38
Net Debt Issued (Repaid)	15,389	16,174	35,199	11,048	4,247
Common Dividends Paid	-32,110	-46,742	-15,154	-20,971	-9,111
Other Financing Activities	-20,862	-43,315	-34,132	-11,024	-16,115
Financing Cash Flow	-37,583	-73,883	-14,087	-20,947	-20,978
Foreign Exchange Rate Adjustments	-5,594	-23,820	-29,594	-13,007	-2,543
Net Cash Flow	23,604	-4,786	-29,964	9,966	-8,825
Free Cash Flow	-85,781	26,059	39,152	35,362	23,466
Free Cash Flow Growth	-	-33.44%	10.72%	50.70%	341.77%
Free Cash Flow Margin	-34.61%	12.27%	22.54%	33.54%	83.88%
Free Cash Flow Per Share	-209.27	63.57	95.51	86.27	57.25
Cash Income Tax Paid	16,571	38,118	18,632	4,651	1,668
Levered Free Cash Flow	51,413	6,282	-90,202	-25,988	-571.68
Unlevered Free Cash Flow	64,983	7,837	-89,992	-25,392	-309.59
Change in Working Capital	149,181	164,729	90,714	76,877	18,588

Source: S&P Global Market Intelligence. Standard template. Financial Sources.